Vaishalee ParkhiHello Parikshit,
I understand the issue and appreciate your thoughts.
But was this downturn only because of less workload or financial reasons / any other reasons? Is your company over-sized with the required talent to run the company under unfavorable conditions also ? It is but natural people will get upset if company has the financial capacity to sustain for some more time but terminating people due to low workload.
You can not stop them if they believe their employment is in danger (it can be a truth also). If it is not the correct picture, spend time with them, have cordial dialogues with them, track anxiety in their minds over a cup of tea. Have an open session with all of them to address their queries and tell them they need to focus on their work and should not worry unnecessarily.
You have to be ready with your answers on why 4 employees were terminated and what is the guarantee others will not have to face such a situation.
Wish you all the best.
With best regards,
From India, Pune
Dinesh DivekarDear Parikshit,
If four persons are removed out of 30, then approximately 13% of the manpower is removed. In that case, nothing wrong if remaining 87% develop fear psychosis. To dispel the fears of termination, you need to talk to your MD and discuss this. It is MD who should give assurance about security of their job. If this is not done, it could lead to spell of resignations.
Nevertheless, if the down slide of the business continues then situation may merit removal of few more persons. In that case, MD will be in the bind because he will not be able to live with assurance.
Therefore, for the next course of action, discuss with MD.
Business Mentor, Consultant and Trainer
From India, Bangalore